Franklin Templeton completes the acquisition of Apera AM
9 OCT, 2025
Franklin Templeton announced today that it has completed the acquisition of Apera Asset Management. With the closing of this transaction, Franklin Templeton's global alternative credit assets under management reach 90 billion dollars, placing the firm's total alternative investment strategies at approximately 270 billion dollars, as of September 30, 2025.
This milestone reinforces Franklin Templeton's position as a leading manager of diversified alternative strategies. Apera complements Franklin Templeton's existing global alternative credit offering, along with Benefit Street Partners in the United States and Alcentra in Europe, expanding the firm's geographic exposure and capabilities within the private credit asset class.
About Apera AM
Apera AM is a global pan-European private credit firm with over 5 billion euros in assets under management as of September 30, 2025, specializing in the provision of senior secured private equity solutions to companies backed by venture capital funds in Western Europe.
Founded in 2016, Apera provides senior secured private equity solutions to companies backed by venture capital funds in Western Europe. With offices in the United Kingdom, Germany, France, and Luxembourg, the firm has built a solid track record based on rigorous credit assessment and close relationships with financial sponsors, providing differentiated capabilities and experience in the pan-European segment of lower-middle market companies, an area that remains underserved compared to the overall private credit market.
In addition to alternative credit, Franklin Templeton's global alternative investment strategies include managers focused on private real estate investment through Clarion Partners, secondary private equity and co-investments through Lexington Partners, as well as hedge strategies, venture capital, and digital assets.
